Kodak 2001 Annual Report Download - page 53

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At December 31
(in millions, except share and per share data) 2001 2000
Assets
Current Assets
Cash and cash equivalents $448 $246
Receivables, net 2,337 2,653
Inventories, net 1,137 1,718
Deferred income taxes 521 575
Other current assets 240 299
Total current assets 4,683 5,491
Property, plant and equipment, net 5,659 5,919
Goodwill, net 948 947
Other long-term assets 2,072 1,855
Total Assets $13,362 $14,212
Liabilities and Shareholders’ Equity
Current Liabilities
Accounts payable and other current liabilities $3,276 $3,403
Short-term borrowings 1,378 2,058
Current portion of long-term debt 156 148
Accrued income taxes 544 606
Total current liabilities 5,354 6,215
Long-term debt, net of current portion 1,666 1,166
Postemployment liabilities 2,728 2,722
Other long-term liabilities 720 681
Total Liabilities 10,468 10,784
Commitments and Contingencies (Note 10)
Shareholders’ Equity
Common stock, $2.50 par value
950,000,000 shares authorized; issued 391,292,760 shares in 2001 and 2000; 978 978
290,929,701 and 290,484,266 shares outstanding in 2001 and 2000
Additional paid in capital 849 871
Retained earnings 7,431 7,869
Accumulated other comprehensive loss (597) (482)
8,661 9,236
Treasury stock, at cost
100,363,059 shares in 2001 and 100,808,494 shares in 2000 5,767 5,808
Total Shareholders’ Equity 2,894 3,428
Total Liabilities and Shareholders’ Equity $13,362 $14,212
The accompanying notes are an integral part of these consolidated financial statements.
Eastman Kodak Company and Subsidiary Companies
Consolidated Statement of Financial Position
51